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by bloomberg, 36% said america's fiscal woes are the biggest threat to the world economy, more than the 29% who named the european debt crisis. anthony mason is attending a meeting of world bankers in davos, switzerland. >> reporter: how strong do you think the u.s. economy actually is right now? >> i think the u.s. economy wants to be strong. >> reporter: but mary callahan erdoes says the bickering in washington is holding it back. erdos is one of the most powerful women on wall street. as c.e.o. of j.p. morgan asset management, she presides over $1.2 trillion in investments. >> the u.s. has to realize it's got so much going for it. let's just get ourselves to come together as a team, one team running that country, helping to get itself back on stable footing which then cascades to the rest of the world. >> reporter: how much does it hurt the economy if we don't confront this? >> it hurts us tremendously. it hurts the confidence of the u.s., it hurts the confidence of the c.e.o.s to know how do i invest? what are the rules going to be? and we've got to get back to believing that business is go
? >> it is good for the economy. absolutely it is good for the economy. you know, there is a relationship between mood and spending. when people feel good they spend a little bit more. >> they feel good right now. >> they feel really good right now. very excited right now. >> reporter: there are the obvious things that my off of the shelves here like t-shirts and anything that helps folks identify with the 49ers. an estimate that fans national he will spend $11 billion on super bowl-related punches including beer and 5 million new television set fist. >> in general, san francisco -- television sets. >> in general, san francisco is an optimistic place and it is good for consumer spending. >> reporter: then, the stuff fans do while watching the game like consuming chicken wings, 8 million pounds of chips and another 8 million pounds of avocados. >> when we are in a situation like this that is just gripped the emotions of the entire city, really, nobody is left behind. everybody in some way is effected by this. and everyone gets involved. it is pretty m
? >> it is good for the economy. absolutely it is good for the economy. you know, this is a relationship between mood and spending. when people feel good they tend to spend more. >> they feel good right now. >> they feel really good right now. very excited right now. >> this are are the obvious things that fly off of the shelves here in san francisco like t-shirts and anything that helps folks identify with the 49erss. an estimate that fans nationally will spend $11 billion. including 51 million cases of beer and 5 million new television sets. >> in general, san francisco should be a little more active, lively, optimistic mace. all of those things are good for consumer spending. >> reporter: then, the stuff fans to well watching the game. consuming 125 million pounds of chicken wings. what is the psychology behind that? >> when we are in a situation like this that is just gripped the emotions of the entire city, really, nobody is left behind. everybody in some way is affected by this. >> reporter: and intangible pay offs like the image of america
. we need to reform the system for the economy and for american families. >> and what she told me is this is a real imperative. what's new, it also is now an imperative for republicans. the election results from last november made clear the republican party needs a message for latino, asian-americans and immigrant groups if they have any chance of recapturing the white house. >> scott, this is carla marinucci. what's your thoughts on this? we've seen paul ryan, marco rubio extend a hand to president obama so to speak and suggest they are ready to talk about immigration reform. what's the biggest hurdle here? >> well, i think the biggest hurdle in the end is going to be politics, of course, but the issue of citizenship. what marco rubio outlined this week and last weekend is very close to what president obama talked about in 2011. and so i think that will provide some cover for other republicans. when you've got someone like marco rubio, a rising star in the party, paul ryan, saying we're ready to do a deal here, but the devil is in the details as they always say. democrats feel ve
in the global economy despite some of the revenue company is headed into 2013. >> there is good news for renters, bay area rents are flattening out. according to a new survey of apartment complexes by " real sex ", written in the east bay, peninsula and san francisco were almost unchanged in the fourth quarter of 2012 and declined slightly in the south bay. experts say that red flag could be caused by some renters decided to buy homes since interest rates are so low. >> fremont wholefoods groundbreaking is scheduled for friday. the 39,000 square foot building is located at the corner of casio padre parkway and more right ave. another 13,000 square feet is being set aside for a another retailer. the fremont store will be the sixth store in the east bay. a date has not been released on when the store will be opened. >> the united nations say that more than 197 million people worldwide are without a job, and that another 39 million have given up looking for work. an annual report from the international labor ass organization says the unemployment will rise by 5.1 million this year. the u.s. and wor
minneapolis. >>> from weather to the economy, you hope the world economy is on wall street, but now in switzerland. many are in davos for the annual world economic forum but this year their focus is not on europe. anthony mason joins us from davos. anthony good morning. >> reporter: good morning, charlie. maybe it's the bracing mountain air but there's been a pronounced mood swing in davos. 12 months ago it looked like the financial collapse in europe could lead to a global recession. what a difference a year makes. in the hallways and meeting rooms of the world economic forum where top bankers, business leaders and politicians come every year to swap intelligence there's a sense the global economy has finally turned a corner. as ken frazier, ceo of pharmaceutical giant merck. >> i think the u.s. economy is poised to take off. i think it's been through some tough times. i think it's the strongest economy in the world. >> reporter: the imf forecasts the global economy will grow 3.5% this year a healthy number, and if there's debate about how soon things will ge
or economy. the largest beneficiary would be california. we want to see what the cutting edge is. most of a still look for california. -- loomost of us still look to california. what governor brown said about the traditional politics is all about taking the thing in making it fresh. to a certain extent, i tried to be a writer in college. i failed miserably. a professor said everything has been set but not everything has been said superbly. even if it had, everything must be said freshly again and again. you have to see a fresh lead to a certain extent. the real issue with -- in terms of asking the president, what are the things that matter most, a bass part of those profits would be invested in california. colorado would have a significant -- pretty much every state in the country would benefit. you look at the companies based in silicon valley. they have offices, you want to expand your business, think about those young people in colorado. everything -- stated say the same thing. that money would get spent over the country very rapidly. >> thank you. governor brown. >> it is a good id
optimistic than 2009 when the economy was on the brink of collapse. >> preserving our individual free democrats requires collective action. >> liberals rejoice that the president's clear left turn. >> progress does not compel us to settle centuries-long debate of the role of government for all time but it does require us to act in our time. >> the second term goals the president laid out went beyond what we heard, ambitious agenda from a politician who will never run for re-election. gay rights. climate change. gun control. immigration reform. protecting medicare and social security. >> they do not make us a nation of takers. they free us to take the risks that make the country great. >> republicans say the president ignored the struggling economy or reducing the deficit but he acknowledged the ongoing partisan challenges facing washington carrying over from the first term. >> we cannot mistake absolutism for principle. or substitute spectacle for politics. or treat name-calling as reasoned debate. >> the president also signaled a shift to a younger america, one that he hopes to tap i
the economy was on the brink of collapse. >> preserving our individual free democrats requires collective action. >> liberals rejoice that the president's clear left turn. >> progress does not compel us to settle centuries-long debate of the role of government for all time but it does require us to act in our time. >> the second term goals the president laid out went beyond what we heard, ambitious agenda from a politician who will never run for re-election. gay rights. climate change. gun control. immigration reform. protecting medicare and social security. >> they do not make us a nation of takers. they free us to take the risks that make the country great. >> republicans say the president ignored the struggling economy or reducing the deficit but he acknowledged the ongoing partisan challenges facing washington carrying over from the first term. >> we cannot mistake absolutism for principle. or substitute spectacle for politics. or treat name-calling as reasoned debate. >> the president also signaled a shift to a younger america, one that he hopes to tap into for legislative success. >
see a big upside in the tech sector. >> tech is here. it's one of our grapt strengths of our economy. -- great strengths of our economy. there is so much opportunity for growth there. >> a short-term fix on the debt sealing and indicators such as housing moved stocks higher. >>> tensions ran high at a discretional hearing as they grilled secretary of state hillary clinton about the again i cannot seeie attack. >> the american people deserve to know answers and they certainly don't deserve false answers. >> senator john mc cane criticized for the initial attack that killed four americansy several republicans say americans were misled and were told it started as a protest. the secretary fired back. >> the fast is we have four dead americans because of a protest or because guys out for a walk and decided they'd go kill some americans. what point at this point does it make? >> clinton spent five and a half hours answers questions before the house and senate committee. this is likely her formal testimony as secretary of state. >>> ahead in three minutes, a land mark for women in the armed
to strengthen the ties between the world's second and ninth largest economies. >> reporter: the governor also keyed in on education, pledging to bring more money for schools in low-income neighborhoods and vowing to do all he can to keep college costs down. >> the key here is thoughtful change, working with the faculty and the college presidents. but tuition increases are not the answer. i'm not gonna let the students of california become the default financiers of our colleges and universities. >> he's a champion for education, for dealing with the inequalities in our state. he has a heart and a mind that are really focused on improving the state. >> reporter: governor's address is getting high marks from lawmakers. even republicans could find little to criticize. >> i think the governor is a fiscal conservative as well. i think his last -- his first two years and even his previous stint as governor have shown that he is very tight with the pocketbook and i think his speech identified that as well. so, i don't think we are going to have -- personally, i don't think i will have any issues with
. >> it is good for the he economy. absolutely it's good for the economy. you know when there is a relationship between mood and spending when people feel good they tend to spend a little big more. >> they feel good right now. >> they feel really good right now very excited right now. >> reporter: there are the obvious things that fly off the shelves like f shirts and anything that helps folks identified with the 49ers. an estimate fans nationally will spend 11 million dollars on super bowl related purchases. including 51 million cases of beer and 5 million new television sets. >> in general san francisco should be a little big more active lively exuberant optimistic place and all those things are good for consumer spending. >> reporter: then there's the stuff fans do while watching the game. consuming one and a quarter billion chicken wings. what's the psychology behind that. >> when we are in a situation like this which is has just grinned if emotions of the entire city, really no one's left behind. everybody in some way is affected by there and everyone gets involved. >> it's pretty m
it. i don't think that the stock market is an indicator of how our economy is doing. >> tech is one of our great strengths of our economy. that sector, money is flowing into it, because there's so much potential and there's so much opportunity for growth there. >> reporter: more good news. a looming shutdown of the government over the debt ceiling is off the table for now. the international monetary fund expects good economic growth worldwide. u.s. agriculture is doing very well. plus, yet another critical mega trend. >> the housing sector has been doing well with people moving out and establishing their own households. >> reporter: more and more investors are moving out of lower-paying but more secure investments. >> you had a mad race out of equities in 2007, 2008, 2009, and now here at the end of 2012, 2013, you're seeing a great rotation back into equities, because there's a better rate of return. >> reporter: but more convincing lays ahead. >> i still say that the economy is still pretty dismal. >> reporter: also, in after- hours trading, netflix was up over 30%, after a suspec
to a record high. the nasdaq and the s&p are soaring, as well. this amid positive signs about the economy, housing rebounding, and companies hiring. so is it too late if you want to jump into the stock market? find out what you should do if you've been on the sidelines until now. >>> and speaking of money, we'll tell you why you will have to spend a lot more of it if you are planning to serve chicken wings at your super bowl party next weekend. i hope you're sitting down for that. >> always got nachos. nachos are the go-to snack. >> yeah. that's what we would have at our house. >> or mac and cheese which we'll talk about later on. somebody's making mac and cheese today. >>> then we'll talk about -- just when the deadly flu season seems to be getting better now, a new concern nationwide. it's called the norovirus. what is it, how can you avoid it? we'll get to the bottom of the health threat. >>> notre dame speaking out about the manti te'o fake girlfriend scandal. what the school know, when it -- school knew, where it knew, and why the school didn't go public when it first learn good the
for sure where the economy is going. we don't know if that was a temporary thing. we don't know if it was money that came in early because of the federal tax concerns and the people who are the most wealthy in california paying early. the bottom line is we don't really know what those revenues are. i think the governor wants to wait and see what they are before he starts talking about those restorations. you know what, one of the really fascinating things in this speech, the governor made a point of saying, you know, just giving money back to people only to take it away when the economy goes bad is cruel. it's not progressive. it is bad politics. it's bad for the people. it's bad governing. i'm not going to go back and do that. i think you are going to hear the governor make this time and again that we want these programs, but if it's not long-term sustainable money, we shouldn't be spending it. >> since you're talking about long-term projects, john, he still wants the water tunnels. he still wants high-speed rail. how realistic are those goals given that there's so much uncerta
, bragging rights. winning is good for the morale of the people who live here and also for the economy. so just a few more things to cheer for this super bowl sunday. elissa harrington, cbs 5. >> thank you. lawrence, i have to tell you, i collected some beads for you the last couple of days. >> how did you get those, michelle? >> i'm not telling t [ laughter ] >> it's a secret. >> we'll talk about that when you come back. glad you're having a good time. we'll have more reports from michelle all week long. headed out in the bay area today, got some changes coming in our direction. high pressure beginning to build in. a hi-def doppler showing things are calming down rain wise. we had showers over the weekend but not now. over the bay a couple of clouds out there and a mixture of sunshine in the afternoon. winds kicking up at the coastline. temperatures in the 30s and 40s right now. toward the afternoon we are going to see plenty of sunshine temperatures still cool but seasonal for this time of the year. 56 morgan hill. 59 pleasanton. 57 antioch.
of four years ago has been tempered by challenges the nation is facing. a stubborn economy and voters lack of confidence in washington that is mired in partisan dysfunction. senior officials said the address tomorrow will lay out his vision for the next four years. >> he is going to say our political system does not require all of our differences or settle disputes, but it is imperative that our leaders try to see common ground when it can and should exist. >> it stretched out over the long weekend. biden kicked off ahead of obama. he was sworn in by supreme court justice sotomayor. >> the president and vice president laid a wreath at arlington national cemetery and they attended services at historic black church. >> tonight it's quiet on the national mall but tomorrow about 800,000 people are expected to be on hand for president obama's ceremonial swearing in. and he'll hear his ig nug rally address for his second term. >> our coverage of the inauguration begins tomorrow at 4:00 a.m. we'll have live streaming coverage at abc7news.com starting at 6:30 in the morning. >> if you dare go outs
back to the board on where we are with that; because as you know the economy is improving. so we need to be prudent and look ahead. and i'll be looking at potentially increase of the contingencies and reserves. >> okay. because i noticed also in the report that we received last night, the monthly program report. that our expenditures to-date are less than anticipated, but we have drawn-down the reserves greater and we're under that draw -down curve. do we know what is behind that combination of factors? >> is that something that you can respond to? >> i don't have that report in front of me, but jim helps prepare it. so he will be able to speak to it in more detail. >> directors i'm with the program management team and take care of the budget and scheduling stuff. the first curve you are talking about is the total expenditure curve and when we established that budget back in 2010, we had more aggressive schedule for let something of those packages than we have today. we're still holding the same end-date. so the expenditure has laged that original curve line. that is the explana
and then apple tomorrow. for years, tech was the economy's savior. things could be gloomy all over, we'd be this bright light that couldn't be hidden, but tech has not led the way this time around. intel led us off with disappointing results and there's lots of results that could say apple is not as strong as hoped on wednesday. bloomberg even going so far as to suggest profits failed to grow for the first time in ten years. cnbc reports this morning microsoft may be involved in a deal to help take computer maker dell private. not as a buyer per se, but as an investor. microsoft rescued apple from its low point with a big injection of cash and southwest this morning said it will offer last minute line upgrades at the gate to travelers stuck back in the b and c lines. you pay $40 and you're bumped up to business select. right now, you could put yourself near the front of the line with something called early bird. that's $10. it checks you in automatically and gets you that a ticket, but you have to do that ahead of time when you get the ticket. this new system will allow you to upgrade
in the super bowl isn't just great for the fans, it's great for the new orleans economy. two weeks out, jackson square almost transformed. other projects are going on all over town. small businesses, especially local breweries are getting ready for the influx of fans and the media. >>> there was a time when the 49ers made a habit of mayoff runs and trips to the super bowl. it's been a while. the team's last super bowl trip was in 1995. almost two decades ago. the cbs 5 reporter reminds us what it was like to be a niners fan back then. >> i just loved every minute of it. >> niner fans celebrated super bowl xxix wearing glasses as big as this. actually, wearing the same glasses. they came back over 18 years. a democratic president, but one who enjoyed killing ducks and shooting weapons. they showed off the latest gear in 1995, which included advanced games. yosemite sam was big. as for the players you played it on. maybe you were typing an e-mail about the big storms. >> boy, they had a lot of rain fall in california. >> big storms and floods did a lot of damage. >> the mayor giuliani, very
is not enough to compete in aing global economy. >> when we need it, it should be more flexible. >> will it take away jobs? >> it won't take away jobs from americans, because these are highly skilled jobs. >> reporter: the leadership says reforms should allow college students who get degrees here to stay and work here. >> we need people to be able to work here. otherwise, they go back to their home country and compete against us. >> reporter: attorney hobbs says reforms needs to address all immigrants. >> that's good for silicon valley. there certainly is a need for that. but we also believe that the dream act for young people who have been here for many years in an undocumented status, through no fault of their own do not have legal status, they should also have a way to get a green card. >> reporter: caesar juarez agrees. >> there is a division if we just grant citizenship to just doctors or highly educated individuals and not working class folks. that does create a division. >> reporter: the silicon valley leadership group also agrees and plans to push for overall immigration reform when high
are changing the economy and could cost us billions and drive a hole in the budget. the ultimate cost of expending our health care system under the affordable care act is unknown. ignoring such evunknowns is fol. that is how we plunged into a decades of deficits. >> reporter: the governor summed things up by saying california is back. the budget is balanced and the state is on the move. the governor's address is garnering praise from both sides of the aisle. we will have reaction tonight at 5:00 and 6:00. reporting live, jody hernandez, nbc bay area. >>> excavating a new well today linked to the speed freak killers. this is in the same area where the well remained some of the victims of lauren herzog. several of the victims families criticized investigators for using heavy equipment saying that may have damaged the remains. the fbi is taking a careful approach on this well using a bore and camera. once they know what is there, they plan to excavate the well by hand. it will take several days if not weeks. >>> the highway patrol asking for witnesses to come forward and try to identify
expulsions have rocked the vallejo high school. >>> another hopeful sign for an improving economy. what happened today that last happened eight years ago. join us at 7:00 at tv 36. >>> california teachers are cleared to be in the classroom but are they really prepared. the lapse in licensing a new report has revealed, coming up in three minutes. you can't move the tv there. yuh-huh. we have the wireless receiver. listen. back in my day, there was no u-verse wireless receiver that let you move the tv away from the tv outlet. we can move it to the kitchen, the patio, the closet and almost anywhere. why would you want a tv in the closet? [ both laugh ] ♪ [ fancy voice ] brilliant idea, darling. ♪ [ female announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. at&t. >>> a new report suggests that california's teachers aren't prepared for their jobs. the national council on people equality gave california a d for teacher preparation programs and licensing. the national average was a d plus. the findings are critical of california because
the 9ers and ravens playing in the super bowl is great for fans and for the new orleans economy. two weeks out jackson square is almost transformed. small businesses especially local breweries are getting ready for the influx of fans and media. the game is expected to bring some $434 million to big easy businesses. >>> the bowl means big best for farmers, too. the national chicken council estimates americans will consume 1.2 billion chicken wings during that big game. right now, wings are fetching their highest price ever just over $2 a pound. that's 12% more than they cost last year. >>> our super bowl excitement is everywhere. this guy made his love for the 9ers permanent this week. check his 9ers tattoo right there on his calf. the die-hard fan got the team logo earlier this week and says he's doing it for his team. >> i'm always going to be a 49er until death. i'm just looking forward a lot of good things to come. >> if you happen to be thinking about commemorating the 9ers for life, allied ink is offering a special the day before the game. 49
for the economy. there is a relationship between mood and spending and when people do feel good, they spend more. >> reporter: and they feel good right now? >> very good, very excited right now. >> a 9er win would bring positive attention to the city on the national stage plus bragging rights for a long time afterwards. but we need a winner. >>> new developments in the deadly nightclub fire in brazil. three people are now in custody for questioning including one of the club's owners. more than 230 people died and hundreds were hurt in yesterday's early-morning fire in the southern city of santa maria. about 2,000 people were inside the nightclub at the time. double its maximum capacity. now, the club had only one working exit for all those people. security guards initially blocked the door thinking party- goers were trying to leave without paying. investigators are questioning the owner and members of the band on stage when the fire started. the band's pyrotechnics show may have sparked the blaze. >>> fire investigators are also looking into a fire at
, but really masking the deep economic problems that are plaguing egypt right now. and the spanish economy where the poor are bearing the brunt of the troubles -- in the economy were the poor are bearing the brunt of the troubles. people see rising prices of basic staple goods, tax hikes on subsidies. this is what many criticize and why many are protesting today, what they say is the brotherhoodization of the state. they're saying the brotherhood [indiscernible] for its own political gain. there is a sense instead of trying to reform the state, the muslim brotherhood are instead try to take it over. so that we switch from mubarak to morsi. that is what the main calls are for in this protest today. many are also calling for accountability and justice, retribution for the many hundreds of protesters that have been killed, the many thousands more that have been wounded. today only to low ranking policemen are in prison for killing hundreds of protesters. people see there is no accountability. the police continue to act toward impunity. we're seeing clashes break out right now in the outskirts
is trying to move his agenda ahead as quickly as possible. >> to continue to have the economy recover, to create a stronger foundation for economic drought, and to continue his commitment on civil rights issueses like lgbt rights to take on tasks that require bipartisan support like immigrant reform. >> reporter: they met on friday to talk about immigration reform and he'll take his case on the road next week in las vegas and to force the hand of congress which he fears will not act on his priorities, president obama will spend much of this coming year taking his case campaign style directly to the people. for "cbs this morning" saturday bill plante at the white house. >>> let's take a closer look now at how the president is pressing ahead with his new agenda and how republicans are already reorganizing for the next election. jeff bellamy is with us. nice to have you in the studio with us goochld morning. >> good morning. >> there's a short opportunity for the president and there's a lot on his plate, gun control, climate control, and you have the immigration
their education is a reflection of the struggling economy and greater competition for new jobs. >> the job right for male students was about 3.8%, four females that was lower than that just under 3%. >> but drop out rate was higher among teen boys in every state. >> apartment in new york city are about to get a lot smaller. >> expectations that population and rents will keep climbing are challenging architects to design boeing is no larger than a one car crotch. >> the city plans to construct an apartment building a so-called micro unit in manhattan next year. >> they're expected to average about 325 square feet. >> if successful, it could possibly overturn a requirement that new apartment be a least 400 square feet feet. >> today marks the 40th anniversary of the landmark supreme court ruling of a rolwe vs. wade. >> the ruling legalized in the u.s.. >> in 1973, the highest lawmaking body in the country voted that woman has the right to abort her pregnancy. it prompted a nationwide debate about a mother's rights, which continues today. >> that is the spirit! san francisco and elsewhere around th
, from the perspective, let 3-point out to that we are bringing home less as an economy but it will not hurt our economy that much. we could spend more. and really, however if makes people that are making under $100,000. it is a punitive tax. it impacts people on a lower tax bracket. >> waiting apple for their corporate earnings and the iphone 5? >> justin 24 of course we are going to talk about the iphone 5. verizon already letting some informations out of the back pocket tim clarcould-tam timothy cook... also, could under promise and over delivered but would it be enough to save him? >> existing home sales. >> the month of december was a loser. the average home was of 6.2%. from 2012. the housing is rain back. it is a typical number for the month of december because many people are not putting their houses of for sale, yet. so far, but pretty good number with everything considered. >> these are some questions. should i consider purchasing amazon? >> it is difficult to save the stock has been paramount. it is near the 52 week high. and perhaps purchase a little bit of
reform to boost the economy and they plan to punish employers who hire illegal imment grass -- immigrants. they want to prove that americans get first dibs on jobs. the key senators from both parties will unveil more details in about four and a half hours. many on capitol hill believe they will get the support they need to pass legislation. >> while we're being tough, we're being compassionate with people who can again our economy. as long as we can get a critical mass, i don't expect every republican to join, i think we can get this done. >> reporter: the president ised heading to nevada tomorrow to lay out his vision for immigration reform. why republicans are getting on board with the plans, when i see you next. live in washington, kyla campbell, ktvu channel 2 news. >> thank you. >>> 7:15. later this morning, at the white house, president obama and vice president joe biden will discuss gun control with police chiefs and sheriffs. it's part of the push by the obama administration for new policies to curb gun violence. president obama and secretary of state hillary clinton appeared toge
of tortilla chips and 51 million cases of beer. >> it is good for the economy. absolutely it's good for the economy. you know, there's a relationship between mood and spending. and when people feel good, they spend more. >> they feel good right now. >> they feel really good right now. very excited right now. >> reporter: fans feeling really good because this is the first time the 49ers have been to the super bowl since 1995. a successful season can also provide some priceless benefits and improve city image. a lot of exposure and most importantly, bragging rights. live in san francisco, elissa harrington, cbs 5. >>> the bragging rights is worth it alone. so go 9ers. so super bowl xlvii as you can imagine is trending big time on all the social media outlets and cbs 5 reporter cate caugiran has more from the newsroom. i need you out here to put that special app on my iphone. i don't know how to do it. >> after this, i will set you up and show you how to download it and you will be all super bowl -- basically, the pinnacle of knowledge. because ri
it differently. state and local level consumes one-third more of the economy in california and texas. said one-third of the nation beaufort one negative 11 negative welfare recipients are in california all there 1/8 of the population. everything. john: a percentage of households receiving public assistance is much higher in california and lower than average in texas. that means that you start the pork people. >> 42% lower cost of living in texas and california. u.s. census bureau has been criticized over 20 years for not taking into account the cost of living that different states with housing and food and clothing. john: there was the old poverty rate measure were texas lost 16 percent of the people in california were in poverty, of 17 percent in texas but now it includes the cost of living. >> and government benefits. with this new measure would week after the election news see the state with the highest poverty rate in the nation is california even higher than the district of columbia. that should be a warning to progressives who maintain the big government model is the path of to prosperit
, if you want to compete in the global economy tomorrow, pal, you've got to embrace diversity. why does coca-cola write a brief to the united states supreme court and general motors and microsoft on issues of diversity and higher education? because they know if they want to get ahead, they've got to embrace that diversity. if they want to continue to be a fortunes 50 company, there's got to embrace diversity. similarly if we want to get down to the local level and address this issue, we've got to teach our kids that the sooner that you embrace difference and understand that your muslim classmate or your seat classmate or your gay classmate or your limited english professor classmate might be tomorrow's ceo or today's best friend of yours, the better off we will be. you have a leg up, having done about 30 jury trials across this country and seen interactions between people of diverse backgrounds. >> and here we try to celebrate, not just embrace, our diversity. celebrate all our interesting diversity but also celebrate the things that bind us together. ruslyn, does can urriculum nee
newsom's energetic leadership the economy grew and the city became an economic center for biotech and clean tech. gach newsom has been a trail blaitzer on combating homelessness and protecting the government. in 2007 he was re-elected as mayor with more than 70 percent of the vote, which is unheard of. please welcome our lieutenant governor, gavin newsom. >> my role was to get tom to speak. i'm just going to jump in because i want to keep you all on time. you've got an agenda packet and i'm going to be held accountable if you don't meet it. roslyn, let's pick up on tom's passion. he told me a couple points that are important, that is the consciousness awareness, this growing consciousness around bullying. and it's a question i guess that requires, has bullying gotten worse or have we gotten better to begin to recognize it? >> hard to know. tom and the president refer to as far too often as a rite of passage. we certainly are seeing evidence in ways that i don't recall, the levels of violence, the vitriolic violence, it's not just coming from the back of the school, it's c
. a nod to the struggling economy. president clinton, by the way, holds the record official inaugural balls with 14 in 1997, when he was re-elected to a second term. >> so help you god? >> so help you god. >> congratulations, mr. president. >> regardless of your political believes, it's a proud day for millions of americans. the balls came hours after the president was ceremoniously sworn in before hundreds of thousands of people who packed the national mall. mr. obama delivered an impassioned address, touching on a number of political and social issues, including same-sex rights. nbc's jean elliot joins us from treasure island. the president was bold, as you saw earlier today, and his comments really resonate here in the bay area, don't they? >> reporter: the president made it clear he believes same-sex couples should be treated equally under the law. here in the bay area, same-sex couples say it is an emotional moment because so many are ready to say "i do" legally. >> this could be the year that we actually legally get married. >> i can still fit in the dress. >> francis and jen ar
. and there's the economy, the jobs which was his focus for the first term. >> yes, and we have the fiscal cliffs. the automatic budget cuts, what to do with the federal budget, so yes a lot of things and then as you mentioned, the economy still underneath everything. that will be a big issue as we move forward this year. >> reporter: one last question, what do you think his legacy will be? >> that will depend on what gets done. i mean, you can give all of the great speeches you want and lay out all of the great plans but if you don't get anything done that will be your legacy. we'll see. i mean, right now, healthcare is certainly his legacy, where the economy goes will depend on how he's viewed in the long- term, too. >> reporter: thank you. nice to see you. appreciate it. you can find a link to jamie's blog at ktvu.com. i just spoke to darrell steinberg, mup in my next report, his special issue he's pushing during his visit and how the nation's capital has a different view of california than it did four years ago. reporting live in washington, d.c., i'm tori campbell, ktvu channel 2 news
our economy down rather than lifting our families up. >> what they are saying when i see you next, kyla campbell ktvu channel 2 morning news. >>> and you can watch more of president barack obama's inauguration including beyonce say saning the national and them. >>> the man has been identified. police are not exposing his name but he exposed himself on miller treat and last -- heller street. pill have not reviewed the information yet. >>> today the coach will be remembered at a mural near the penn state campus. for most of his career he was held up as a model but his reputation was scandaled after what happened with joe paterno. joe paterno hid allegations to protect the school. >>> we are learning what could happen if the campus were to lose its accreditation and clothes. they showed sent sounding schools could find a number of violations with the structure and finances. they have until the 19th to issue a structure of why they should be allowed to operate. >>> the shooting of oscar grant, movie called fruit veil is the hottest movie. the big movie studios are now bidding for majo
economy. this is going to be helpful. call or come in today. fidelity investments. turn here. to help protect your eye health as you age... would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age, eyes can lose vital nutrients. ocuvite helps replenish key eye nutrients. ocuvite has a unique formula not found in your multivitamin to help protect your eye health. now that's a pill worth taking. [ male announcer ] ocuvite. help protect your eye health. >>> and here's what made it to the top of our "instant index" tonight. confirmation that we live in a fast-changing world. you'll remember atari, one of the first big names in video games. hooking us all on pong and space invaders. well, atari has filed for bankruptcy. can't keep up with the big new games. and by the way, a footnote. two youngsters, steve jobs and steve wozniak started out at atari before they created apple. >>> and we also have a brand new voice weighing in on a big story. singer sheryl crow talked to "enter
paints. the tester says steer clear of economy paint. >> a good price is a good thing but stay away from inexpensive paints. >> you do not need to spend top dollar. benjamin moore which can cost up to $68 a gallon did well but was not top rated in consumer reports latest paint test. the highest scores went to paints that cost half that, a new brand called clark and they are sold at ace hardware selling for $33 a gallon. >> it topped the rating in satin finish. and in semi gloss and among the best in the flats hiding imperfections. >> the clark paints resisted stain and stood up to scour after 1,000 passes with a stiff scrub brush. plus, the paints are great at hiding so you can cover the old paint you are tired of looking at. >> you can save time and money by not having to apply a primer. >> and you can buy it as the local ace. if you shop at home depot paints available here did well. including several recommended in all changes including bayer premium plus which sells for over $20 a gallon. and another for $25 a gallon. if you like lowe's a signature paint in all three finishes for arou
-republican. these are republican themes. >> reporter: democrats plan to maintain tight budgets and pay down debt. >> if the economy keeps growing and if there is room to invest in the appropriate ways, whether it is health and human services, higher education we will do that. >> reporter: some of the governor's proposals face a fight, shifting money away to poor schools. at 6:00 p.m., why that proposal could blur the battle lines. ken pritchett, ktvu channel 2 news. >>> governor jerry brown said today, the governor promised to travel to china during a visit to california. governor jerrygovernor jerry brown's delegation will include gift business, and policy leaders. they leave april 8 and will promote clean energy, california products and tourism. >>> felon sentenced today in connection with a shooting and sexual assault at the occupy oakland encampment. he agreed to a plea deal, he pleaded no contest to four felonies. being an accessory to a shooting near the occupy oakland encampment in 2000 and being involved in a sexual assault 5 days later. >>> mayor ed lee was asked about how he felt about oakland's decision
the expectations is a pause the sign that the economy is better than we thought. 2013 is looking better than 2012 as far as economic growth goes. >> it seems to be nothing but positive right now. caterpillar came out this morning saying they had pretty decent numbers for the fourth quarter. we were talking just before we came back here and what does that tell you when caterpillar is doing well? >> caterpillar is a big international company and pushes dirt around. they make buildings and economic expansion you put people to build a building and put people at. we were expecting not much better than meh. caterpillar knows on what durable-goods, it will be a good year. the dow and s&p 500 are within striking distance. >> talking about building a rebuilding yahoo earnings report will be out later on this afternoon. will this be the verdict on whether or not their new ceo is doing what she is brought on to do? >> this will be the first questireport card. and she bought mobile phones for her employees instead work on this, don't worry about the best shot. everyone gushes over her. she is pretty, and sma
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